Economic Development Corporation

ECONOMIC DEVELOPMENT CORPORATION Thursday, March 14, 2024 – 6:00 PM 109 North Kaufman Street, Mount Vernon, Texas 75457 Our mission: to provide effective and fiscally responsible municipal services in a manner which promotes our high standard of community life. Vision Statement Mount Vernon is a caring community committed to excellence and quality of life, aspiring to be the community of choice for ourselves, our children, and future generations – beautiful, clean, vibrant, and safe. We will strive to preserve our heritage, our friendly hometown atmosphere, and celebrate the diversity of all our citizens. MINUTES Call to Order President Sachse called the meeting to order at 6:05 p.m. and announced a quorum present. PRESENT President Mark Sachse Vice-President Roger Gekiere Secretary/Treasurer Julia Munoz Board Member Gabe Sharp City Administrator Craig Lindholm City Secretary Kathy Lovier ABSENT Board Member Kevin Anthony and Board Member Jeff Byrnes VISITORS Kassidy Wesson Public Comment No one spoke. Consent Agenda 1. Minutes 12/14/2023 December 2023, January & Februrary 2024 financials Motion made by Vice-President Gekiere, Seconded by Secretary/Treasurer Munoz. Voting Yea: President Sachse, Vice-President Gekiere, Board Member Huffstetler Public Hearing The purpose of this hearing is to hear evidence for or against a request made by Jay Awad owner of Milano's to provide assisatance with Existing Business Structure Assistance for the business located at 114 South Kaufman Street in Mt. Vernon, Texas. Jay Awad owner of Milano's spoke in favor of the application. He explained how long his family has been connected with Mt Vernon and how much they love being here. Action Items: 2. Consider and act upon approval of adding Don Huffstetler as a board member, replacing Jack Carlson, Place 2. Motion made by Vice-President Gekiere, Seconded by Board Member Sharp. Voting Yea: President Sachse, Vice-President Gekiere, Secretary/Treasurer Munoz, Board Member Sharp, Board Member Huffstetler 3. Consider and act upon approval of request made by Jay Awad owner of Milano's for Existing Business Structure Assistance. Motion made by Vice-President Gekiere to give an incentive of $20,000, Seconded by Board Member Huffstetler. Voting Yea: President Sachse, Vice-President Gekiere, Secretary/Treasurer Munoz, Board Member Sharp, Board Member Huffstetler Executive Session Deliberation regarding real property pursuant to Texas Government Code, §551.072, to discuss or deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person. Reconvene Reconvene into Open Session to Consider Matters Discussed in Closed Session (If Any) President Sachse closed the Regular Session at 6:25 p.m. and opened the Executive Session. President Sachse closed the Executive Session at 6:58 p.m. and re-opened Regular Session. Board Member Reports and Discussion Kassidy Wesson, Main Street Manager reported on the Spring Event schedule. Director Lindholm reported that the water and sewer lines have been installed for The Oaks on 37 and we will be partnering with them on a billboard for advertising. Adjourn Motion made by Vice-President Gekiere at 7:09 p.m. to close the meeting, Seconded by Secretary/Treasurer Munoz. Voting Yea: President Sachse, Vice-President Gekiere, Secretary/Treasurer Munoz, Board Member Sharp, Board Member Huffstetler __/s/ Mark Sachse ________ Mark Sachse - Board President ATTEST: ___/s/ Kathy Lovier_________ Kathy Lovier – City Secretary